In a statement released to the Airdrie and Coatbridge Advertiser , the consortium say the aim to “stabilise the club in all departments and then advance” after purchasing the M&H Logistics — Wotherspoon’s company — shares.

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“We are pleased to announce that the sale and transfer of M&H Logistics Glasgow Limited controlling shareholding in Airdrie FC to the consortium,” said the spokesperson.

“We thank Tom Wotherspoon, Colin McGowan and the Ballantyne family for ensuring that the transaction was successful and appreciate their time and efforts.

“We would also like to thank all the club fans and sponsors who have been kind enough to send messages of support.

“We ask all supporters of the club and the local community to get behind us and support all endeavours on and off the pitch and help us shape our football club that the town of Airdrie can be proud of.”